NEWSWORTHY

Sports teams have long been toys of the rich and famous. But with franchise valuations soaring thanks to sky-high TV contracts, the entry price for the exclusive owners club has risen dramatically. Most owners made their fortunes before joining the sports world, but sports team ownership has been the ticket to billionaire status for certain read »

Who are the most influential minorities in sports? Considered not only the greatest basketball player of all time, but arguably the most decorated athlete to ever live, NBA legend Michael Jordan tops Forbes’ list of most influential minorities in sports.

Susanne Klatten might not be as famous as Elon Musk, the founder of . But she is definitely wealthier. Klatten, with an estimated net worth of $18.5 billion, is the richest person in the auto industry, according to Forbes’ new 2016 Billionaires List.

Unlike Musk, who built his electric car company from scratch, Klatten, 53, read »

CressCap employs a portfolio tool that generates a report card on the stocks within an ETF or any portfolio. Our strategy is to optimize the holdings of ETFs by ‘cherry picking’ the best and worst stocks in the ETF. As an example, we examined the holdings in the First Trust NASDAQ Cybersecurity ETF. read »

Sports conglomerate AEG has hit a home run on London’s O2 Arena according to its latest financial statements which show that the venue has made a net profit every year for the past decade bringing the total to $203.7 million since it was taken over in 2002. read »

Last week while on holiday I read a book called The Silk Roads. Its title hints at the still underappreciated importance of supply chain as a discipline. The lessons it offers about how trade, communication and finance shaped world history will make any supply chain enthusiast smile…. read »